Optimum Drywall Systems Limited in Bristol, BS5 7DR

Description

Data updated on: 01-11-2023

Optimum Drywall Systems started its business in 2001 as a Private Limited Company with reg. no. 04154809. The company has been active for 23 years and it's currently active. The company's headquarters is based in Bristol at Unit 7A Eastpark Trading Estate. You could also find the company using its zip code, BS5 7DR. The company's classified under the NACE and SIC code 43330 which stands for Floor and wall covering. The company's most recent annual accounts describe the period up to 2022-03-31 and the most current confirmation statement was released on 2023-02-06.

As found in this firm's directors directory, since 2019 there have been six directors including: Samantha L., Lisa C. and Judith D.. Moreover, the managing director's assignments are regularly helped with by a secretary - Joanne B., who was selected by the following firm in 2001.

Executives with significant control over the firm are: Simon B. owns 1/2 or less of company shares. Matthew D. has substantial control or influence over the company.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-03-30	2014-03-31	2015-03-30	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand					403 809	365 115	329 482	238 359	526 314	289 303	538	522 703
Current Assets	1 815 594		2 780 912	2 780 912	2 244 338	3 033 720	3 053 473	3 237 460	2 817 357	3 422 917	2 989 530	3 708 810
Debtors	1 807 738		2 527 848	2 527 848	1 825 045	2 644 750	2 703 911	2 986 439	2 278 381	3 120 543	2 974 170	3 175 016
Net Assets Liabilities					584 911	853 656	925 937	986 056	1 113 489	1 173 699	472 713	556 189
Other Debtors					298 812	411 397	280 408	302 121	104 216	170 195	304 259	273 505
Property Plant Equipment					179 370	409 838	422 147	371 235	376 828	369 355	384 492	343 779
Total Inventories					15 484	23 855	20 080	12 662	12 662	13 071	14 822	11 091
Cash Bank In Hand	356		233 312	233 312	403 809
Net Assets Liabilities Including Pension Asset Liability	370 091		426 421	426 421	584 911
Stocks Inventory	7 500		19 752	19 752	15 484
Tangible Fixed Assets	87 269	87 269	92 444	92 444	179 370

Capital & Reserves
Called Up Share Capital	100		100	100	100
Profit Loss Account Reserve	369 991		426 321	426 321	584 811

Other Financial Data
Audit Fees Expenses								4 900	5 025	5 150	5 300	5 850
Accumulated Depreciation Impairment Property Plant Equipment					225 931	211 630	273 560	331 410	341 454	364 009	389 173	435 540
Additions Other Than Through Business Combinations Property Plant Equipment						283 572	78 125	20 484	75 130	48 108	100 866	28 076
Administration Support Average Number Employees							28	29	29	29	19	19
Administrative Expenses							1 298 432	1 380 953	1 949 062	1 816 154	2 046 839	2 072 885
Amount Specific Bank Loan							66 081	63 046	59 865	54 504	250 000	197 917
Amounts Recoverable On Contracts							2 423 503	2 684 318	2 174 165	2 950 348	2 669 911	2 901 511
Applicable Tax Rate							19	19	19	19	19	19
Average Number Employees During Period					40	48	61	65	70	70	60	63
Bank Borrowings						130 812	6 820	7 097	7 638	58 034	65 802	70 523
Bank Borrowings Overdrafts							6 820	7 194	7 638	58 034	65 802	70 523
Bank Overdrafts					7 529	8 226	591	4 992	69 281		223 801	165 145
Comprehensive Income Expense							407 003	400 691	492 824	534 579	-305 936
Corporation Tax Payable					87 231	182 115
Cost Sales							11 064 855	14 048 329	14 010 970	10 487 781	11 749 063	17 749 786
Creditors					1 802 923	2 421 442	2 383 758	2 472 484	1 936 085	2 482 995	2 566 213	3 235 288
Current Tax For Period							124 597	114 472	144 882	121 600	-57 481	129 535
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences							3 160	-8 852	1 883	-599	15 361	-9 098
Deferred Tax Liabilities						37 648	40 808	31 956	33 839	33 240	48 601	39 503
Depreciation Expense Property Plant Equipment							65 189	70 766	57 573	55 011	64 281	65 240
Distribution Average Number Employees									41	41	41	44
Dividends Paid							334 722	340 572	365 391	474 369	395 050	356 759
Dividends Paid Classified As Financing Activities							334 722	340 572	365 391	474 369	395 050	356 759
Future Minimum Lease Payments Under Non-cancellable Operating Leases					37 710	7 739	23 974	43 448	41 426	35 377	54 832	42 537
Gain Loss On Disposals Property Plant Equipment							-577	379	-1 215	2 068	5 560	-3 540
Gross Profit Loss							1 838 972	1 892 564	2 593 808	2 262 339	1 668 822	2 630 258
Income Taxes Paid Refund Classified As Operating Activities							-127 757	-114 472	-144 882	-121 600	57 481	-129 535
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation							-36 059	-95 524	223 666	-167 730	-512 566	580 821
Increase Decrease In Deferred Tax Liability From Amount Recognised In Profit Or Loss							3 160	-8 852	1 883	-599	15 361	-9 098
Increase From Depreciation Charge For Year Property Plant Equipment						52 142	65 189	70 766	57 573	55 011	64 281	65 240
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings							6 055	6 472	6 241	4 887	4 884	18 090
Interest Paid Classified As Operating Activities							6 055	6 472	6 241	4 887	4 884	18 090
Interest Payable Similar Charges Finance Costs							6 055	6 472	6 241	4 887	4 884	18 090
Interest Received Classified As Operating Activities							852	793	2 299	601		1 096
Net Cash Flows From Used In Financing Activities							-341 232	-347 213	-372 277	-432 407	-203 125	-416 924
Net Cash Flows From Used In Investing Activities							-78 075	-19 475	-64 381	-45 470	-73 858	-28 067
Net Cash Flows From Used In Operating Activities							383 248	271 164	660 324	310 147	-235 583	1 025 812
Net Cash Generated From Operations							516 208	391 315	809 148	436 033	-288 180	1 172 341
Net Current Assets Liabilities	300 276		352 466	352 466	441 415	612 278	669 715	764 976	881 272	939 922	423 317	473 522
Nominal Value Allotted Share Capital							20	20	20	20	20	20
Number Shares Issued Fully Paid								20	20	20	20	20
Operating Profit Loss							540 540	511 611	644 746	657 798	-348 732	581 206
Other Creditors					250 147	502 380	211 382	296 767	335 827	425 353	338 430	396 907
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment						66 443	3 259	12 916	47 529	32 456	39 117	18 873
Other Disposals Property Plant Equipment						67 405	3 886	13 546	59 493	33 026	60 565	22 422
Other Interest Receivable Similar Income Finance Income							852	793	2 299	601		1 096
Other Operating Income Format1										211 613	29 285	23 833
Other Taxation Social Security Payable					81 949	283 895	228 771	216 259	294 041	206 865	134 150	222 172
Par Value Share				1	1			1	1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs							36 413	43 260	93 952	55 040	100 984	90 504
Proceeds From Sales Property Plant Equipment							50	1 009	10 749	2 638	27 008	9
Production Average Number Employees							33	36	41
Profit Loss							407 003	400 691	492 824	534 579	-305 936	440 235
Profit Loss On Ordinary Activities Before Tax							534 760	506 311	639 589	655 580	-348 056	560 672
Property Plant Equipment Gross Cost					405 301	621 468	695 707	702 645	718 282	733 364	773 665	779 319
Provisions For Liabilities Balance Sheet Subtotal					35 874	37 648	40 808
Purchase Property Plant Equipment							78 125	20 484	75 130	48 108	100 866	28 076
Raw Materials Consumables							20 080	12 662	12 662	13 071	14 822	11 091
Repayments Borrowings Classified As Financing Activities							6 510	6 641	6 886	-41 962	-191 925	60 165
Revenue From Construction Contracts							12 903 827	15 940 893	16 604 778	12 750 120	13 417 885	20 380 044
Social Security Costs							59 557	70 089	99 824	102 314	103 393	122 359
Staff Costs Employee Benefits Expense							764 502	875 904	1 282 314	1 208 090	1 207 234	1 530 317
Taxation Including Deferred Taxation Balance Sheet Subtotal							40 808	31 956	33 839	33 240	48 601	39 503
Tax Expense Credit Applicable Tax Rate							101 604	96 199	121 522	124 560	-66 131	106 528
Tax Increase Decrease From Effect Capital Allowances Depreciation							2 850	9 745	-1 293	1 813	-3 244	6 637
Tax Increase Decrease From Effect Expenses Not Deductible For Tax Purposes Other Than Goodwill Amortisation Impairment							20 143	8 528	24 653	-4 773	11 894	16 370
Tax Tax Credit On Profit Or Loss On Ordinary Activities							127 757	105 620	146 765	121 001	-42 120	120 437
Total Assets Less Current Liabilities	387 545		444 910	444 910	620 785	1 022 116	1 091 862	1 136 211	1 258 100	1 309 277	807 809	817 301
Total Current Tax Expense Credit							124 597	114 472	144 882	121 600	-57 481	129 535
Total Operating Lease Payments							33 973	40 294	35 220	28 493	22 985	27 357
Trade Creditors Trade Payables					1 376 067	1 626 941	1 936 194	1 947 369	1 229 298	1 792 743	1 804 030	2 380 541
Trade Debtors Trade Receivables					1 526 233	2 233 353	2 423 503
Turnover Revenue							12 903 827	15 940 893	16 604 778	12 750 120	13 417 885	20 380 044
Wages Salaries							668 532	762 555	1 088 538	1 050 736	1 002 857	1 317 454
Company Contributions To Money Purchase Plans Directors							29 659	32 807	79 708	42 819	86 680	74 162
Director Remuneration							231 680	222 576	277 279	330 180	270 275	245 792
Director Remuneration Benefits Including Payments To Third Parties							261 339	255 383	356 987	372 999	356 955	319 954
Dividend Recommended By Directors								340 572	428 053	474 369	395 050	356 759
Capital Employed	370 091		426 421	426 421	584 911
Creditors Due Within One Year	1 515 318		2 428 446	2 428 446	1 802 923
Number Shares Allotted				100	20
Provisions For Liabilities Charges	17 454		18 489	18 489	35 874
Share Capital Allotted Called Up Paid	100		100	100	20
Tangible Fixed Assets Additions				29 856	131 315
Tangible Fixed Assets Cost Or Valuation		278 547		308 403	405 301
Tangible Fixed Assets Depreciation		191 278		215 959	225 931
Tangible Fixed Assets Depreciation Charged In Period				24 681	33 833
Tangible Fixed Assets Depreciation Decrease Increase On Disposals					23 861
Tangible Fixed Assets Disposals					34 417

Resigned: 27 July 2023

Latest update: 30 January 2024

Richard S.

Role: Director

Appointed: 20 November 2005

Resigned: 23 March 2009

Latest update: 30 January 2024

Swift Incorporations Limited

Role: Corporate Nominee Secretary

Appointed: 06 February 2001

Resigned: 06 February 2001

Address: London, NW8 8EP

Latest update: 30 January 2024

People with significant control

Simon B.

Notified on 6 February 2017

Nature of control:

1/2 or less of shares

Matthew D.

Notified on 6 February 2017

Nature of control:

substantial control or influence

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	20 February 2024
Confirmation statement last made up date	06 February 2023

Annual Accounts 20 November 2015
Start Date For Period Covered By Report	2014-04-01
End Date For Period Covered By Report	31 March 2015
Date Approval Accounts	20 November 2015
Annual Accounts 16 December 2016
Start Date For Period Covered By Report	2015-04-01
End Date For Period Covered By Report	31 March 2016
Date Approval Accounts	16 December 2016
Annual Accounts
Start Date For Period Covered By Report	2016-04-01
End Date For Period Covered By Report	31 March 2017
Annual Accounts
Start Date For Period Covered By Report	2017-04-01
End Date For Period Covered By Report	31 March 2018
Annual Accounts
Start Date For Period Covered By Report	2018-04-01
End Date For Period Covered By Report	31 March 2019
Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	31 March 2020
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	31 March 2022
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	31 March 2023

Optimum Drywall Systems Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Samantha L.

Lisa C.

Judith D.

Matthew D.

Joanne B.

Simon B.

Joanne B.

Anthony M.

Richard S.

Swift Incorporations Limited

People with significant control

Simon B.

Matthew D.

Accounts Documents

Company filings

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